10 Shillings Bank of New Zealand, Without 1/2 in corners

The Bank of New Zealand was a private commercial bank, not a central bank — these notes circulated alongside those of other trading banks under a system that persisted until the Reserve Bank of New Zealand took over sole note issuance in 1934. The absence of fractional corner designations distinguishes this from closely related issues in the same series, a detail that matters for dating and distinguishing between catalogue varieties.

Bradbury Wilkinson produced notes for dozens of colonial and dominion institutions during this period, and the BNZ relationship was a long one.